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Author Question: A restaurant has $90,000 in sales, $31,000 in food costs, $34,000 in labor costs and $24,000 in ... (Read 225 times)

awywial

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Question 1

A restaurant experiences a 3% increase in sales based on their budget. This restaurant should also expect to see a 3% rise in
◦ fixed costs.
◦ variable costs.
◦ profits.
◦ expenses.

Question 2

A restaurant has $90,000 in sales, $31,000 in food costs, $34,000 in labor costs and $24,000 in other costs. They have experienced a
◦ profit of $2,000.
◦ loss of $1,000.
◦ profit of $1,000.
◦ loss of $3,000.


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Marked as best answer by awywial on Aug 20, 2020

jjorrostieta

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awywial

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Reply 2 on: Aug 20, 2020
Great answer, keep it coming :)


amit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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